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CDFA Washington Financing Roundtable Newsletter - August 2016
August 17, 2016
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CDFA Washington Financing Roundtable Newsletter


Port of Seattle Wants to Go Deeper
The U.S. Army Corps of Engineers has released a draft feasibility report on a project to make the Port of Seattle one of North America's deepest harbors and ensure it can handle the large container ships necessary to keep it economically competitive. The corps released its draft report on the estimated roughly $83 million project, and opened a public comment period through August.

Discussion of Moses Lake Bond Options, but No Decision
What will be included in a construction bond that could be offered to Moses Lake School District voters in February 2017 was the subject of a lengthy discussion, but no decision, at a Moses Lake School Board workshop Thursday.

WA Grants $255K for Feasibility Studies in 6 Communities
The Washington State Community Economic Revitalization Board (CERB) approved $255,000 in grants for public infrastructure development and economic feasibilities studies targeting business growth and job creation for the cities of Washougal, Aberdeen and Tumwater, Pacific County and the Cowlitz and Kalispel tribes.

King County Invests $87M in Workforce Housing Around Transit Stations
More than 1,000 units of affordable workforce housing will be created over the next five years around Sound Transit and King County Metro transit stations, with up to $87 million from the sale of bonds backed by future lodging tax revenues.

WA Communities Asking for Bonds to Build Recreation Centers
Residents of Airway Heights and Liberty Lake are voting on whether to pass a combined $25 million worth of construction bond measures to build swimming pools and other recreation facilities.

Upcoming Events

CDFA Washington Conference
Tuesday, October 11, 2016 - Seattle, WA
Join the CDFA Washington Financing Roundtable for the second annual conference on October 11, 2016. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Washington economy going forward.

The conference will take place at the Sheraton Seattle Hotel in Seattle, Washington and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Washington Financing Roundtable Conference.

CDFA Spotlight

CDFA Releases Annual Volume Cap Report
CDFA is pleased to announce the release of the Annual Volume Cap Report: An Analysis of 2015 Private Activity Bond & Volume Cap Trends. The report provides complete data of the use of volume cap and the issuance of cap-subject private activity bonds nationwide and is featured in The Bond Buyer. Read the Annual Volume Cap Report and explore CDFA's interactive and searchable National Volume Cap Map.

Washington News

The Future Looks Bright for Seattle's Waterfront
Seattle DJC | Aug. 11 | Economic Development | Redevelopment

Bank Arranges $57.5M in Bond Financing for 219-Unit CCRC in Seattle
Rebusiness Online | Aug. 10 | Bond Finance | Economic Development

Prime WA Property Changes Hands Again
Seattle DJC | Aug. 8 | Economic Development | Redevelopment

WA Tribe Looks Ahead at Economics Amid Expansion on Highway 101
Peninsula Daily News | Aug. 2 | Economic Development

Hotel Guests in WA will fund $87M Worth of Affordable Housing
Puget Sound Business Journal | Jul. 21 | Economic Development


Conference Premium Sponsor

Kutak Rock LLP

For information about sponsoring the CDFA Washington Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300

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CDFA National Sponsors

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  • Ballard Spahr LLP
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  • Business Oregon
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  • FBT Project Finance Advisors LLC
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  • Ice Miller LLP
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  • MB Financial Bank, NA
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  • SB Friedman Development Advisors
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  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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